Legendary jazz saxophonist and New York City native Sonny Rollins lived in an apartment on the Lower East Side home for many years during the late 1950s. Although the building he called home has long been demolished, the sprawling development rising on the same site, Essex Crossing, will pay tribute to the iconic artist by naming one of the buildings after him. The Rollins, a 15-story rental building at 145 Clinton Street, sits near the entrance of the Williamsburg Bridge, a spot where Rollins practiced every day for two years. As the New York Times reported, the Rollins, designed by Beyer Blinder Belle, will include 107 market-rate apartments, which start at $3,150 for a studio, $4,450 for a one-bedroom, $5,800 for a two-bedroom and $8,450 for a three-bedroom. Leasing will begin in January for these market-rate units.
Delancey Street Associates
New rendering of 140 Essex Street courtesy of Beyer Blinder Belle
Thanks to a $34 million loan from Wells Fargo, Delancey Street Associates closed last week on financing the construction of a 100 percent affordable senior building at 140 Essex Street, site 8 of the 1.9 million-square-foot Essex Crossing development. Originally, the project called for an 80/20 condo building, but developers decided to add 61 more affordable units to the building, bringing the number of affordable rentals at the Lower East Side complex to 561 out of 1,078 total units. Designed by Beyer Blinder Belle, the building at 140 Essex will rise 8 stories and include 92 affordable homes for seniors earning between 0 and 60 percent of the area median income, as well as 9,600 square feet of retail on the ground floor. Construction will begin soon, with an expected opening date sometime in 2019.
Construction continues to progress at Essex Crossing, the roughly 1.9 million-square-foot mixed-use development planned to stretch several blocks on Manhattan’s Lower East Side. The site, also known as the Seward Park Urban Renewal Area, sat abandoned since 1967 until the city sold the nine sites to developers in 2013. While construction of the first phase of the massive project, which includes sites one, two, five and six, is underway, Curbed has acquired renderings for the development’s second phase, sites three and four. The third and fourth sites will be designed by CetraRuddy and Handel Architects, respectively, and feature residential, retail, office and outdoor space.
Rendering of LES Target courtesy of Beyer Blinder Belle
New York City is experiencing a Target-takeover. The retailer has just signed a lease to open a 22,500 square-foot store in the Lower East Side at Essex Crossing, a 1.9 million-square-foot development stretching across several Manhattan blocks. As the Wall Street Journal reports, the new store will be located on the second floor of 145 Clinton Street, a 15-floor tower currently under construction. A Trader Joe’s supermarket will be on the lower level and apartments will be housed above.
The nine-site Essex Crossing plan underway on the Lower East Side will bring more than 1.9 million square feet of residential, commercial, and community space to the largest undeveloped swath of land in the borough south of 96th Street. The long-tweeked master plan is being developed by an alliance named Delancey Street Associates, which consists of BFC Partners, L+M Development Partners, and Taconic Investment Partners.
The plan’s site 5, located just a block southwest of the Manhattan entrance of the Williamsburg Bridge at 145 Clinton Street, will bring 211 apartments, 73,000 square feet of retail space, and a 15,000-square-foot park to the full-block parcel between Grand, Clinton, Broome and Suffolk streets. Beyer Blinder Belle Architects & Planners are the designers of the red-brick tower and recently published a set of renderings, first shown to the community in 2015, giving us a more detailed look at the $110 million, 15-story building.